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Price improvement $100k / 7.5% CAP and 8.3 498 25th St 28 Unit Apartment Building $4,750,000 ($169,643/Unit) 7.50% Cap Rate Oakland, CA 94612

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INVESTMENT HIGHLIGHTS

  • New 800 Amp Main panel / All new unit sub panel
  • Off the soft story list / all concert foundation
  • Billboard on top for additional income
  • Updated Plumbing
  • New leases for all retail tenants

EXECUTIVE SUMMARY

Priced to move with a motivated seller looking at all offers!
Rare opportunity to acquire a well-maintained 28-unit mixed-use property in Oakland’s highly desirable Uptown neighborhood. Located at 498 25th Street, this freestanding four-story building blends classic character with extensive modern upgrades, offering strong in-place income and long-term durability.
The property consists of 25 residential units, 3 retail suites, and additional income from a rooftop billboard under a long-term lease. Tenants enjoy on-site laundry and a secured private entrance, adding to tenant retention and stability.
Significant capital improvements have already been completed, making this a true turnkey investment. Upgrades include a new 800-amp main electrical service with all new subpanels, new plumbing throughout, a recently updated roof, and extensive seismic retrofitting. The building has been fully removed from Oakland’s soft-story list and features a fully concrete exterior foundation, minimizing future capital needs.
With stable retail tenants on new five-year leases, strong cash flow, and upside through rental increases, this asset offers immediate performance and long-term growth. Currently priced to deliver a 7.5% cap rate with an 8.3 GRM, along with over 20% upside potential, this is a rare opportunity to acquire a high-performing property in one of Oakland’s strongest rental markets.
Current loan quote at 5.4% interest rate for a 5 year fixed loan at a 70% LTV. potential for a 80% LTV for the right qualified buyer. Call agent for more details

MATTERPORT 3D TOURS

Explore 2BR, 1BA - 500SF

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SALE FLYER

MORE ATTACHMENTS

View the Listing Brochure
View the LoopNet Floor Plan 2BR, 1BA - 500SF Unit
View the LoopNet Floor Plan 2BR, 1BA - 500SF Unit

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $4,750,000
Price Per Unit $169,643
Sale Type Investment
Cap Rate 7.50%
Sale Condition 1031 Exchange
Gross Rent Multiplier 8.3
No. Units 28
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 21,672 SF
Average Occupancy 96%
No. Stories 4
Year Built 1913
Zoning CG-3

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen
  • Carpet

SITE AMENITIES

  • Laundry Facilities
  • On-Site Retail
  • Recycling

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - 500 - 1,500
1+1 11 - 500 - 725
2+1 7 - 900
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY AMENITIES

RESTAURANTS

Off The Hook Seafood Seafood $$ 1 min walk
Koffee Pott American $ 1 min walk
Amazona's Pizza Pizza $ 3 min walk
Ole Ole Burrito Express Mexican $ 3 min walk
Starbucks Cafe $ 5 min walk
Humphry Slocombe Ice Cream $ 5 min walk
Taco Bell Fast Food - 5 min walk
Lovely's Diner $ 5 min walk
Two Pitchers Brewing Co American $ 5 min walk
Firebrand Artisan Bread Bakery $ 5 min walk

RETAIL

Lululemon Unisex Apparel 4 min walk
Budget Other Retail 4 min walk
YMCA Of East Bay Fitness 5 min walk
Target Dept Store 6 min walk
United States Postal Service Business/Copy/Postal Services 8 min walk
Orangetheory Fitness Fitness 7 min walk
Health Mart Pharmacy Drug Store 8 min walk
Charles Schwab Finance Company 10 min walk
Wells Fargo Bank Bank 11 min walk
Whole Foods Supermarket 10 min walk

HOTELS

The Unbound Collection
168 rooms
1 min drive
MOXY
172 rooms
2 min drive
Courtyard
162 rooms
4 min drive
Hampton by Hilton
121 rooms
4 min drive
Signature Inn
26 rooms
4 min drive
Marriott
500 rooms
4 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-0683-018-00
Land Assessment
$142,501 (2025)
Improvements Assessment
$407,961 (2025)
Total Assessment
$561,582 (2025)

SALE ADVISORS

SALE ADVISORS

Willem Bos, Senior Vice President
Willem Bos is a Senior Vice President at Compass Commercial, where he has successfully led his team in trading over $500 million in multi-family and commercial property assets throughout the East Bay. Known for his deep market insight and client-first approach, Willem consistently delivers value by combining strategic planning with aggressive negotiation to grow investment portfolios.
Being deeply committed to real estate and the long-term success of his clients. Averaging 20 to 25 transactions per year in the East Bay, he focuses on helping investors build wealth through 1031 exchanges, strategic refinancing, and opportunistic trades that grow and strengthen their portfolios. Whether it’s positioning a property for sale or advising on a refinance, Willem's priority is maximizing returns and setting his clients up for long-term success.
Licensed by the California Department of Real Estate since 2015, Willem has become a trusted advisor in the real estate investment space.
Contact Willem and the Bos Group today to start building or expanding your real estate investment portfolio with trusted guidance and proven results.
Brian von Lackum, Senior Sales Associate
Brian von Lackum is a Sales Associate at Compass Commercial and has over five years of experience in the commercial real estate industry. Before joining Compass and the Bos Group, Brian worked at Newmark in the Valuations & Advisory branch and achieved the Certified General Appraisal licensure. During his tenure at Newmark, he appraised various property types, including multifamily, office, industrial, retail, and life science. His experience spans property values from approximately $1 million to over $1 billion.

Born in Marin County and currently residing in San Francisco, Brian has deep roots within the Bay Area. With a profound connection to the region, Brian has appraised hundreds of multifamily properties across the Bay Area, establishing himself as a trusted expert in the local real estate market.
  • Listing ID: 36853437

  • Date on Market: 7/21/2025

  • Last Updated:

  • Address: 498 25th St, Oakland, CA 94612

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